tag:blogger.com,1999:blog-11015870.post115741634288884078..comments2023-11-03T08:29:56.308-07:00Comments on Economic Trends: Income Inequality & Labor IncentivesErnie Gosshttp://www.blogger.com/profile/04960355803509595037noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-11015870.post-2554810009597832892009-11-22T04:41:45.129-08:002009-11-22T04:41:45.129-08:00Who knows where to download XRumer 5.0 Palladium? ...Who knows where to download XRumer 5.0 Palladium? <br />Help, please. All recommend this program to effectively advertise on the Internet, this is the best program!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11015870.post-1158100234190568752006-09-12T15:30:00.000-07:002006-09-12T15:30:00.000-07:00Hi Ed, I didn't ignore the senior drug bill, just ...Hi Ed, <BR/><BR/>I didn't ignore the senior drug bill, just did not think it was large enough to matter. The prescription drug bill cost $730 billion, where Bush's two tax cuts cost $3.3 trillion,which is almost five times as much money. <BR/><BR/>Also, your recommendation to me makes little sense on tax incentives. If my employer cuts my pay I have the following options. One, find another job which pays more. Two, work more hours to retain my former income level. Three, lower my life style. Your suggestion, which is to work less, will result in me losing my job, thus not a realistic option. <BR/><BR/>Thomas Sowell, an intellectual conservative, said it well. People believe in a vision, and subsequently, go out into the world to prove it correct. They don't independently take in information, and then determine correct action. Rather, we take in information with our biased vision lens, which of course, prove our vision true. <BR/><BR/>Thanks for reading,<BR/><BR/>shawnAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11015870.post-1157922554707072702006-09-10T14:09:00.000-07:002006-09-10T14:09:00.000-07:00Shawn, I've been away from the blog for a few days...Shawn, I've been away from the blog for a few days. With only limited time to respond, let me mention a few things.<BR/><BR/>On spending, I think you have ignored some major initiatives, not the least of which is prescription drug coverage. This is significantly increasing the size of the government in a domestic matter by anyone's measures.<BR/><BR/>On taxes and innovation, I know of no empirical study that would suggest that higher taxes induce more work. In fact, let me suggest this to you if you are willing to try: tell your employer to cut your wages and see if that makes you want to work any harder. I suppose in the short run if you have incurred debt you need to service, you may go out and get another job to meet those obligations. But in the long run, I would guess you would adjust by doing less, taking more breaks, or otherwise adjusting your own lifestyle as you compare the value of leisure to the after-tax value of your hard-earned cash. If you don't believe this, then I suggest you keep it quiet lest your boss discovers your altruism and exploits it. After all, that is what capitalists do, right?<BR/><BR/>Thanks for writing.<BR/>EAMEd Morsehttps://www.blogger.com/profile/15167592902318886820noreply@blogger.comtag:blogger.com,1999:blog-11015870.post-1157427351514939222006-09-04T20:35:00.000-07:002006-09-04T20:35:00.000-07:00Here is something to think about since we are clos...Here is something to think about since we are close to election time, the moment of truth. <BR/><BR/>If every eligable voter in the U.S. actually went to the polls to vote, would a democrat or a republican win the election? This would be true democracy wouldn't it, since all voices in the U.S. would be heard with equal wait at a certain point in time?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11015870.post-1157426956298729142006-09-04T20:29:00.000-07:002006-09-04T20:29:00.000-07:00The government is spending more as a result of int...The government is spending more as a result of international policy, NOT domestic policy via review of the congressional budget office, CBO, and general accounting office, GAO. As you know, these organizations are non-partisan, or have not yet proven otherwise unlike the Federal Reserve board. The domestic size of the government has remained about the size it was when Bush took office. <BR/><BR/>Earnings and profits are conservative definitions of posterity. Democrats use standards of living, unemployment, and more importantly under-employment as the standard of living. We have changed the unemployment rate so much, that it is hardly meaningful. Under employment continues to be on the rise. <BR/><BR/>Do you honestly believe taxes kill innovation? How can this be? Even if my total marginal tax rate is 60%, I am still making 40%, which is way more than zero! If anything, increasing the tax rate causes people to work harder to earn their money. Yes, this does assume people need money to pay bills and buy things which seems to be under normal circumstances. While these people are working hard, their fair share of dollars is going to those who need it. <BR/><BR/>I'm not sure if technology has helped all people. Talk to the GM workers who were laid off last year or those at the Ford plants. In fact I spoke with some at the Ford Ranger plant in Minnesota, and let me say they are not pleased. <BR/><BR/>It seems families will have a harder time getting an adequate education in America. The republicans continue to push for the reduction of subsidies to colleges, thereby increasing tuition for those who cannot afford to pay. Republicans also do not believe in the benefits of affirmative action plans. This is normally because they believe in the free market, which helps the affluent; rather than those who are actually in need.<BR/><BR/>Are you admitting to increasing the amount of inequality in the U.S.? If Bush said this, he would simply not get elected! The government has a job to provide stability for its citizens. Part of which is done by providing money for colleges. Look at where most of the innovation is coming from for a minute. The two large regions of IT innovation are Silicon Valley and Boston. These places are surrounded by colleges, which are funded by; you guessed it, the government. Let’s not pursue inequality. Instead, let us present opportunities for as many citizens as possible so we, society, can work together to make our world better. The way to fund this so it actually takes place is through a progressive tax system. Let's get started!Anonymousnoreply@blogger.com